Daily BriefsESG

Daily Brief ESG: Is Now Time to Move Forward with Efforts to Raise % Female Board Directors and more

In today’s briefing:

  • Is Now Time to Move Forward with Efforts to Raise % Female Board Directors, Even Matching Numbers?


Is Now Time to Move Forward with Efforts to Raise % Female Board Directors, Even Matching Numbers?

By Aki Matsumoto

  • It is good to see that affirmative action has increased the number of women managerial positions in ITOCHU. This is presumably due to the increase in foreign ownership.
  • The non-statutory executive officers are not in a legally responsible position and are not involved in management decisions. 2 female independent non-executive directors do not have a management background.
  • Looking at the board compositions, one notices many issues, but AGMs of many companies are concentrated in June, making it difficult to take the time to scrutinize the convocation notices.

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